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Can I deduct my college fund contributions to my grand kids?

 
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Can I deduct my college fund contributions to my grand kids?

I am unfamiliar with the details, but WI does have some state credit for college fund contributions, so watch for that when you prepare your WI tax return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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4 Replies

Can I deduct my college fund contributions to my grand kids?

There is no federal deduction for contributing to your grandchildren's college funds.   There might be a credit in some states, but you have not mentioned what state you are in.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Can I deduct my college fund contributions to my grand kids?

I am in Wisconsin but two of my grandkids are in Ohio

Can I deduct my college fund contributions to my grand kids?

I am unfamiliar with the details, but WI does have some state credit for college fund contributions, so watch for that when you prepare your WI tax return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Can I deduct my college fund contributions to my grand kids?

Thanks!!

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